D.C. Liquor Store Building

2303 4th Street, NE, Washington, 20002

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Retail | For Sale | $450,000 | 2,362 sqft

1-Story building located within 1 block from Rhode Island Avenue and within a short distance from the Rhode Island Avenue-Brentwood Metro station. The current use of the premises is as a liquor store. New retail/housing under contruction to be built next door.

Rhode Island Avenue NE is a District of Columbia Government designated "Great Streets" corridor. The Great Streets Initiative is a multiple agency effort to transform under-invested corridors into thriving and inviting neighborhood centers using public actions and tools, as needed, to leverage new private investment.

The corridor provides great access to downtown. It also is a commuter route which has the potential to capture retail dollars, but that also brings ignificant
through traffic.

There are several programs/tools provided by the City to support property owners and developers including Tax Increment Financing (TIF), Enterprise Zone tax credits and benefits, tax abatement programs among others.

Price Per Sqft: $191

Available: 01/11/2012

Listing ID: 206018


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2303 4th Street, NE Details:

Building Description:

1-Story building located within 1 block from Rhode Island Avenue and within a short distance from the Rhode Island Avenue-Brentwood Metro station. The current use of the premises is as a liquor store. New retail/housing under contruction to be built next door.

Rhode Island Avenue NE is a District of Columbia Government designated "Great Streets" corridor. The Great Streets Initiative is a multiple agency effort to transform under-invested corridors into thriving and inviting neighborhood centers using public actions and tools, as needed, to leverage new private investment.

The corridor provides great access to downtown. It also is a commuter route which has the potential to capture retail dollars, but that also brings ignificant
through traffic.

There are several programs/tools provided by the City to support property owners and developers including Tax Increment Financing (TIF), Enterprise Zone tax credits and benefits, tax abatement programs among others.

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